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Home2023August

Month: August 2023

ConocoPhillips
Big Oil Companies

ConocoPhillips misses on profit, hikes full-year output forecast

August 3, 2023 Mariel Alumit

HOUSTON (Reuters) -U.S. oil and gas producer ConocoPhillips slightly raised its full-year output expectations on Thursday, even as it posted a lower-than-expected quarterly profit. Earnings at U.S. oil producers have been dented by weak oil […]

Zambia
Critical Minerals

UK and Zambia announce renewables and mining investments

August 3, 2023 Mariel Alumit

The British Government has agreed a partnership with Zambia covering clean energy and critical mineral supply worth more than $3.7bn (£2.91bn). Under the clean energy and green investment partnership, the UK will aim to generate […]

Crown
Energy Transition

Crown Estate Supports Four Nature-Positive Offshore Wind Research Projects

August 3, 2023 Mariel Alumit

The Crown Estate has revealed that it is partnering with a range of UK-wide expert bodies to launch four research projects to support nature recovery and the coexistence of offshore wind farms with marine life. […]

Saudi
Crude Oil News

Saudi Arabia, Russia extend oil cuts ahead of OPEC+ committee meeting

August 3, 2023 Mariel Alumit

OPEC+ leaders Saudi Arabia and Russia are set to keep tightening the oil market into the autumn, announcing Aug. 3 they will extend their supply cuts through at least September. Saudi Arabia will continue the […]

Bill Gates
Climate Crisis

Sweden canceled Bill Gates’ controversial climate geoengineering project (SCoPEx) aiming to block the sun to stop global warming

August 3, 2023 Mariel Alumit

Microsoft’s billionaire founder Bill Gates is financially backing the development of sun-dimming technology that aims to spray calcium carbonate (CaCO3) dust into the atmosphere to block the sun, triggering a global cooling effect. Dubbed Stratospheric […]

BRICS
BRICS

Russia Is Finally Correcting False Perceptions Of BRICS

August 3, 2023 Mariel Alumit

It was always unrealistic to imagine that BRICS is an alliance of completely sovereign countries that have united due to their shared hatred of the West and are thus plotting to topple the dollar’s dominance […]

Energy
Crude Oil News

Energy trade groups urge Biden administration to support domestic energy production with “robust” offshore leasing program

August 3, 2023 Mariel Alumit

(WO) — The American Petroleum Institute and Energy Workforce & Technology Council joined with 17 energy trade groups representing all sectors of the U.S. natural gas and oil industry in calling on the Biden administration […]

Price
EIA News

Inflation-adjusted U.S. energy spending increased by 25% in 2021

August 3, 2023 Mariel Alumit

 August 3, 2023 Data source: U.S. Energy Information Administration, State Energy Data SystemNote: GDP=gross domestic product In 2021, the amount U.S. consumers spent on energy (energy expenditures) grew to over $1.3 trillion when […]

OMV
Big Oil Companies

OMV Makes Biggest Gas Discovery in 40 Years

August 3, 2023 Mariel Alumit

Austria’s majority state-owned OMV oil, gas, and chemicals company has struck what it calls the country’s largest natural gas discovery in 40 years, announcing the find together with news of its having also signed a […]

industry
Electric Vehicles

The potential looming auto industry fiasco

August 3, 2023 Mariel Alumit

Growing up on a farm, an initial mechanical obsession of mine was tractors (don’t laugh until you’ve tried one – think you feel unassailable in a 4×4 F-150? You have no idea), quickly followed by […]

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